10405 Louisiana Ave
Los Angeles, CA 90025
Beverly Glen and Louisiana Near Century City · Multifamily Property For Sale
·
10 Units
Property Facts
| No. Units | 10 | Construction Status | Demolished |
| Property Type | Multifamily | Building Size | 11,998 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1952 |
| Building Class | C | Parking Ratio | 0.83/1,000 SF |
| Lot Size | 0.30 AC | ||
| Zoning | LAR3 | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Construction Status | Demolished |
| Building Size | 11,998 SF |
| No. Stories | 2 |
| Year Built | 1952 |
| Parking Ratio | 0.83/1,000 SF |
| Zoning | LAR3 |
About 10405 LOUISIANA AVE , LOS ANGELES, CA 90025
Taksa Investment Group of RE/MAX Commercial & Investment Realty, Inc. is pleased to present for sale 10405 Louisiana Avenue, a rare opportunity to acquire a prime 16 unit development opportunity (Buyer to verify) located in one of the best rental locations in prime West Los Angeles. A short stroll to Century City, the property currently consists of a 10 unit apartment building built in 1952 consisting of 80% two bedroom units. There is significant rental upside upwards of 100%, as current rents average only $1.37 per square foot. The property is situated on a very large 13,231 square foot lot zoned R3-1. There is no Q condition in place, and the site is not located in the preliminary fault rupture study (per Zimas). By right, current zoning allows for a 16 unit development. Condominiums in the immediate vicinity have sold for over $800 per square foot, and rental rates have exceed over $4 per square foot. This affluent location commands a high end development project that sets market comparables. 10405 Louisiana Avenue is situated just off prestigious Beverly Glen Blvd., quietly tucked away amongst mostly single family residences. The site affords a developer the unique opportunity to build a new 16 unit luxury development (Buyer to verify), walking distance to the best Los Angeles has to offer.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $1,379 | - |
| 2+2 | 8 | $2,096 | - |
Property Taxes
| Parcel Number | 4317-012-061 | Improvements Assessment | $2,896,800 |
| Land Assessment | $5,466,041 | Total Assessment | $8,362,841 |
Property Taxes
